Leaked Report Quantifies $21B Annual Economic Hit to California if Paramount Exits
A leaked economic impact study reveals that if Paramount Skydance relocates out of California, the state could lose up to 58,000 jobs and $21.2 billion in annual output. The report, commissioned by Paramount but released by Politico, highlights the severe financial stakes of the ongoing antitrust battle between the studio and a coalition of state attorneys general. While the merger faces a $7 million daily ticking fee starting October 1, settlement talks remain stalled after California AG Rob Bonta canceled a meeting in August. The study notes that even with post-merger production commitments, the economic losses from a full relocation would far outweigh the benefits, potentially devastating the Los Angeles entertainment ecosystem.
